CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
India’s retail inflation, as measured by the consumer price index (CPI), rose to ____ % in March 2022?
A
5.79%
B
5.99%
C
5.51%
D
6.95%
Explanation: 

Detailed explanation-1: -CPI Inflation Rate March, IIP Growth Rate February 2022: The retail inflation, measured by the Consumer Price Index (CPI), rose to 6.95 per cent in March. Separately, the factory output, measured in terms of Index of Industrial Production (IIP), grew by 1.7 per cent in February.

Detailed explanation-2: -India’s retail inflation jumped to a 17-month high of 6.95 per cent in March 2022, according to data released by the Ministry of Statistics and Programme Implementation.

Detailed explanation-3: -The country’s retail inflation, which is measured by the consumer price index (CPI), dropped to a 1-year low of 5.72% in Dec. 2022 from 5.88% in Nov. 2022.

Detailed explanation-4: -The All-India CPI-IW for November, 2022 remained stationary at 132.5 (one hundred thirty two point five).

Detailed explanation-5: -By current projections, inflation is forecast to average 6.7 per cent in 2022-23 and 5.2 per cent in the first half of 2023-24.

There is 1 question to complete.